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Traderfan

03/11/11 2:47 PM

#132313 RE: stock_peeker #132312

WKBT, I'm also puzzled why pretty much everything is selling off so hard in the china space today. I think it has mostly to do with CCME's halt. People expect a negative outcome now and I have to disagree with you when you earlier said that CCME has not that big of an impact on the entire space. It's basically the poster child in terms of china RM plays. It always has the highest regards from all of these stocks and if CCME is fraudulent in any way the space is dead for the next few months. I go as far as saying all companies with non matchin filings (SAIC-SEC) will get sold off hard if CCME has serious accounting problems.
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nelson1234

03/11/11 2:50 PM

#132314 RE: stock_peeker #132312

peeker...re wkbt. not all china micros are down much...seems its just the reverse merger boys. The SSEC was down a bit yesterday, but its up for the week, and the last two weeks, and three weeks...up 11% since late January.

I think WKBT is down in response to CCME. I mean its seems to have a very high beta, and it looks like most people dont trust their numbers since its fallen what...60% off its highs since earnings?

I actually own a teeny bit of wkbt. Its a good reminder to me that you gotta sell these china rm's into strength (which I did with some others).

best.